During the IT explosion in the 1990s and 2000s, the CTO role became intertwined with the CIO's. While both positions ensure organizations stay technologically competitive, their focuses should be distinct to keep up with today's fast-moving landscape. Discover the differences between these C-suite roles and how each one is evolving here➡https://mck.co/3HQWq6V
I would definitely not hire a #CTO that positions itself so disconnected from product! The primary measure of success is delivering business value, not working software. Technology for the sake of technology is worthless. A business and customer focused CTO is priceless. "Done means someones need was met"
Great chart, however, a CTO role is not purely technical.. and it depends a lot on the company you are working with. In smaller companies, you might play an all-encompassing role... CTO cannot be successful without engaging in business and understanding the product.
This is a useful table for those working in technology and digital functions, and those aspiring to these roles. It will help these execs position their personal brand and value they add. However the best CIOs I’ve worked with (some having different titles) all have one thing in common: They are truly strategic. This means having both an internal and external oriented understanding of the business/product landscape. This is on top of some tech skills. Therefore they don’t belong in the bottom left quadrant. Surely there must be another dimension on top of all of this where C suite biz/tech executive (whatever you call them) belongs? ***** Hi, I’m Lisa Carlin. I guide motivated business and digital leaders to fast track their strategy at scale. Subscribe to Turbocharge Weekly [top of my profile] for tips on #strategyexecution #change #projects #culture #digitaltransformation
While I appreciate the clarity, rare should be the company that requires all of these roles. Talk about silos and risking a lack of cohesion and alignment.
External focus agreed but not sure if CTO role can be disconnected from Product and Business.
Definitely, these positions are completely different.
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7moThis article makes the point that both CIOs and CTOs need to understand emerging technologies like artificial intelligence in order to guide their companies effectively. However, given the pace of change, it seems unrealistic to expect any one person to truly master every new development. A more collaborative approach between CIOs, CTOs and other C-suite executives may therefore be needed. Regular sharing of knowledge across functions could help ensure organizations gain the best strategic view of new opportunities and risks. CIOs and CTOs may need to cultivate strong networks both inside and outside their companies to keep ahead of technological change - no individual can do it alone in today's complex innovation environment.